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Pandemic invoice write offs more than double, Atradius survey reveals Atradius Payment Practices Barometer survey reveals increase in use of credit led to rise in write offs and overdue invoices News provided by Share this article Share this article SYDNEY, June 16, 2021 /PRNewswire/ Businesses across Australia are feeling the pinch following a full year of the Covid-19 pandemic, according to a report by the leading credit insurance firm, Atradius. The Payment Practices Barometer survey of both large and small businesses looked at B2B customer payment behaviour over the past year. The results are dramatic. 5% of all credit sales were written off as uncollectable, more than doubling the 2% averge recorded prior to the pandemic. The same story applies to late payments, 54% of business invoices are overdue (compared to 21% in the pre-pandemic year). In addition to the economic stressors, these significant increases can partly be explained by a large rise in the number of credit

New south walesGabrielle weissMark hoppeGrupo catalana occidentePayment practices barometerManaging directorAtradius oceaniaபுதியது தெற்கு வேல்ஸ்கேப்ரியல் வெயிஸ்குறி ஹாப்க்ரூபொ காதலனா ஆக்சிடென்ட்கட்டணம் ப்ர்யாக்டிஸஸ் காற்றழுத்தமானிநிர்வகித்தல் இயக்குனர்